In the world of UK FinTech, nothing stays still for long. Just when you think you’ve got the hang of the latest trend, the landscape shifts beneath your feet. From sky-high investments to Brexit-induced headaches, it’s been a whirlwind few years for Britain’s financial innovators. Investment Trends: Peaks and Valleys The last few years have been nothing short of a financial rollercoaster for the UK FinTech sector.
Investment Trends: Peaks and Valleys The last few years have been nothing short of a financial rollercoaster for the UK FinTech sector. Once the darling of the innovation economy, it’s now grappling with shrinking investments and a tough economic climate. According to innovatefinance.com , in 2023, global FinTech investment plummeted to $51.2 billion from $99 billion the previous year. The UK saw a significant drop, too, attracting just $5.1 billion compared to $14.6 billion in 2022.